WA1 0.06% $17.10 wa1 resources ltd

I came across this figure which happens to support the 70%...

  1. 604 Posts.
    lightbulb Created with Sketch. 706
    I came across this figure which happens to support the 70% discount I used in my valuation model.
    It comes from Next Investors (quote:"For a mining company to progress from exploration to development a JORC resource needs to be defined and eventually be upgraded into a reserve category.This is called the definition phase.") and represents risk over mine development phases. I have added the Discount %. It can be considered as the Lassonde curve without the irrational sentiment changes.

    https://hotcopper.com.au/data/attachments/6237/6237074-a9c37a57d214411bc9b0834a2f30ca40.jpg
 
watchlist Created with Sketch. Add WA1 (ASX) to my watchlist
(20min delay)
Last
$17.10
Change
0.010(0.06%)
Mkt cap ! $1.120B
Open High Low Value Volume
$17.05 $17.72 $17.05 $2.245M 128.9K

Buyers (Bids)

No. Vol. Price($)
3 159 $17.07
 

Sellers (Offers)

Price($) Vol. No.
$17.09 104 7
View Market Depth
Last trade - 15.22pm 03/09/2024 (20 minute delay) ?
WA1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.